| FUELCELL ENERGY INC www.fuelcellenergy.com | | Industry Group Code: 335999 | | | | Ranks within this company's industry group: | | Sales: 1 | Profits:6 |
| | | Hydrogen: | | Fuel Cells: | Y | | Other Hydro. Tech.: | | | | | | | | | | | | | |
| | Waste/Agriculture: | | Biomass: | | | Ethanol: | | | Waste to Energy: | | | Other: | | | | | | | |
| | Electricity Generation: | | Nuclear: | | | Solar: | | | Wind: | | | Hydroelectric: | | | Thermal/Other: | | | |
| | Equipment: | | Superconductivity: | | | Batteries/Storage: | | | Nuclear Technology: | | | Photovoltaic/Solar: | | | Wind: | | | |
| | Services: | | Engineering/Research: | Y | | Consulting: | | | Specialty: | | | | | | | | |
| | Other Technology: | | Information Systems: | | | Green Bldg. Tech.: | | | Clean Coal Tech.: | | | Smart Grid: | | | Other: | | | |
|
| TYPES OF BUSINESS: | BRANDS/DIVISIONS/AFFILIATES | | Direct FuelCell
DFC300
DFC1500
DFC3000
DFC-ERG
| | CONTACTS: Note: Officers with more than one job title may be intentionally listed here more than once. | R. Daniel Brdar, CEO
R. Daniel Brdar, Pres.
Joseph G. Mahler, CFO
Bruce A. Ludemann, Sr. VP-Mktg. & Sales
Christopher R. Bentley, Exec. VP-Gov't R&D Oper.
Christopher R. Bentley, Exec. VP-Strategic Mfg. Dev.
Joseph G. Mahler, Sec.
Joseph G. Mahler, Sr. VP-Corp. Strategy
Joseph G. Mahler, Treas.
R. Daniel Brdar, Chmn.
| | Phone: 203-825-6000 | | Fax: 203-825-6100 | | Toll-Free: N/A | Address: 3 Great Pasture Rd
Danbury, CT 06813, US |
| | GROWTH PLANS/SPECIAL FEATURES | FuelCell Energy, Inc. develops and manufactures fuel cell power plants for ultra-clean, efficient and reliable electric power generation. To date, its products have generated over 400 million kWh of electricity and are operating at over 55 locations around the world. The firm has developed a proprietary patented carbonate fuel cell utilized for stationary power generation. Its patented fuel cell technology is known as the Direct FuelCell (DFC), because it introduces hydrocarbon fuel, such as pipeline natural gas or biogas from breweries, directly into the fuel cell without requiring external reforming for producing hydrogen. This one-step operation results in a more efficient, simpler and more cost-effective energy conversion system than other fuel cells which utilize complex external reforming equipment to convert fuel to hydrogen. It designs its products to meet the power requirements of a wide range of customers including, manufacturers, utilities, correction facilities, hotels, government installations, and food processors. The firm has three core power plant models, the DFC300, DFC1500 and DFC3000, rated at 300 kilowatts (kW), 1.4 megawatts (MW) and 2.8 MW respectively, designed for applications up to 50 MW. Its latest product is the 2.2 MW DFC-ERG (Energy Recovery Generation) plant. Capable of powering approximately 1,700 homes, it utilizes energy normally lost at pressure transformers in major natural gas lines to generate electricity. Significant funding sources for Fuelcell include the U.S. Department of Energy, the Department of Defense, and the Environmental Protection Agency. The company plans to continue to lower its product costs, build multi-MW markets, and expand its leadership position in key markets, including South Korea, whose 2008 Green Growth initiative declares fuel cells a key economic driver for the country.
Employees are offered a 401(k) plan; medical, dental, life and disability insurance; group life insurance with AD&D benefits; and a discount stock purchase plan. |
| FINANCIALS: Sales and profits are in thousands of dollars-add 000 to get the full amount. Yr. 2009 note: Fiscal 2009 results were not available for all companies at press time. For this company, yr. 2009 is for 12 months. | | 2009 Sales: | Unavailable | | 2009 Profits: | Unavailable | | | 2008 Sales: | $100,735 | | 2008 Profits: | ($93,357) | | | 2007 Sales: | $48,234 | | 2007 Profits: | ($68,674) | | | 2006 Sales: | $33,288 | | 2006 Profits: | ($76,105) | | | 2005 Sales: | $30,370 | | 2005 Profits: | ($68,186) | | Stock Ticker: FCEL | Employees: | Fiscal Year Ends: 10/31 |
| SALARIES/BENEFITS: | | Pension Plan: | ESOP Stock Plan: | Profit Sharing: | | Savings Plan: Y | Stock Purch. Plan: Y | | | | | | Top Exec. Salary: $382,801 | Bonus: $100,000 | | Second Exec. Salary: $276,191 | Bonus: $45,000 |
| OTHER THOUGHTS: | LOCATIONS: ('Y' = YES) | | Apparent Top Female Officers: | W | SW | MW | SE | NE | INTER. | | Hot Spots for Advancement for Women/Minorities: |
|
|
|
| Y |
|
|